Westwood Accountancy Ltd

26/10/2026

More than 600,000 families cast a savings spell and cut their childcare costs with Tax-Free Childcare HM Revenue and Customs reveals, as it encourages others to sign up for the spooky school holidays.

Tax-Free Childcare helps working families with their childcare costs by saving up to £2,000 per year for each of their children up to the age of 11 or £4,000 per year up to aged 16 if the child is disabled.

https://tinyurl.com/t4s4ph6j

21/10/2026

October is Cybersecurity Awareness Month, and a good time to check in on how you’re protecting your business, your money and your customers’ information.

Check out the blog for tips to protect your business from modern cybercrime.

https://tinyurl.com/mvrr2pa7

October is Cybersecurity Awareness Month. Here are practical tips every small business owner needs to protect against modern scams.

19/10/2026

Starting early is key to less stress around Self Assessment...

Exploring the digital habits of more than 5,200 customers, an HMRC-commissioned survey revealed more than 26% of people said they experience anxiety when tax or financial deadlines were approaching.

The deadline to submit a Self Assessment tax return and pay any tax due for the 2025 to 2026 tax year is 31 January 2027. Millions of Self Assessment customers choose to file their tax return well ahead of the January deadline each year which they can do on GOV.UK. If you'd like Westwood to help with your tax return or any tax advice you can get in touch with us:
[email protected].

https://tinyurl.com/bdb7xrka

14/10/2026

Ahead of the upcoming Autumn Budget on the 28th of October, speculation is rising.

We look at the sector consensus on what is likely off the table, what areas are in the spotlight, and how business owners can prepare without buying into the noise.

https://tinyurl.com/azsuc8hk

12/10/2026

There are just six months to go until sole traders and landlords with a turnover of more than £30,000 will be required to use Making Tax Digital (MTD) for Income Tax.

HM Revenue and Customs is urging those customers to sign up on GOV.UK and start preparing now. They should check whether they meet the threshold, as turnover includes gross income from self-employment and property before any tax allowances or expenses are deducted.

Read the full article here: https://tinyurl.com/5n89732x

If you'd like any help or advice regarding Making Tax Digital get in touch with us: [email protected].

07/10/2026

Almost 3 million Child Trust Fund accounts held by 18 to 24 year-olds have either been claimed or transferred into an Individual Savings Account, HM Revenue and Customs reveals as it encourages the thousands who don’t know where their savings are to find them today.

Latest figures show around 827,000 young adults have a matured Child Trust Fund account waiting to be claimed, which could be worth on average £2,310.

https://tinyurl.com/mrfzup2f

05/10/2026

The End of the 90-Day Wait:
How New 2026 Legislation is Forcing a Shift in SME Cash Flow

Late payments are not just an administrative inconvenience; they are a structural drain on working capital...

https://tinyurl.com/2n8x62xz

30/09/2026

With more than £300 million having been paid out in bonus payments, and thousands more people set to be eligible for an account through the Help to Save scheme, HM Revenue and Customs kicked off UK Savings Week by reminding people who can benefit.

Help to Save is a government savings scheme offering low-income earners a 50% bonus on whatever they can save. Between £1 and £50 can be saved each month with an extra 50 pence added for every £1 saved.

https://tinyurl.com/y9p63pdc

28/09/2026

At Westwood we manage bookkeeping for different businesses every day.

Would you like some help to streamline your business? Get in touch, we're always happy to have a chat:

[email protected].

23/09/2026

HMRC Offers Loan Charge Settlements

Thousands of people and employers with outstanding Loan Charge liabilities are being invited to take advantage of a new settlement scheme that could reduce their bills by up to £70,000.

It will see most customers’ bills reduced, with around a third able to settle without paying anything at all.

Read in full here 👉 https://tinyurl.com/36jtcc3v